Stamp Duty

The push is on again to abolish or at least reduce stamp duty rates. The Real Estate Institute of Victoria said the government should abolish stamp duty for first home buyers, or double the first home buyers grant from $7,000 to $14,000, and called for an overall review of stamp duty rates.

The Victorian government has estimated annual stamp duty revenue of $3.4 billion next financial year. The REIV said ‘Over the past decade land transfer rates have changed marginally, but Victorian rates are still among the highest in Australia.’

The Labour Day long weekend is only 1 week away and it’s not too late to book your holiday down the coast. We still have availability on the Great Ocean Road from Torquay stretching right down to Apollo Bay.

Check out what’s available on or give us a call.

Open Houses this weekend

Saturday 26th February
1:00pm – 1:30pm 2 Yarringa Road, Fairhaven
2:00pm – 2:30pm 33 Yandanah Road, Fairhaven

Sunday 27th February
1:00pm – 1:30pm 4B Vera Court, Aireys Inlet
2:00pm – 2:30pm 12 Berthon Street, Aireys Inlet

James Worssam
0418 585 815

Summer Storm Torquay Real Estate
Steve Ryan Photography

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